67% rise, but the hourly candles have three consecutive bearish closes—USELESS is starting to wheeze at the top.
In the past 24 hours, trading volume surged to 621 million USDT. After the price climbed from 0.14 to 0.25784, it pulled back.
After a massive spike like this followed by consecutive bearish candles, it usually indicates short-term profit-taking being cashed out.
The funding rate is only 0.005%. The long/short ratio is 42% longs to 58% shorts,
which suggests most people aren’t chasing higher prices; instead, they’re waiting for a pullback.
My observation: if in the next 1–2 hours it can’t reclaim and hold above 0.25,
there may be a short-term retest of the 0.22–0.23 range.
$USELESS #巨量回调 #67%
Tap the small card below to quickly check the market trend👇
In the past 24 hours, trading volume surged to 621 million USDT. After the price climbed from 0.14 to 0.25784, it pulled back.
After a massive spike like this followed by consecutive bearish candles, it usually indicates short-term profit-taking being cashed out.
The funding rate is only 0.005%. The long/short ratio is 42% longs to 58% shorts,
which suggests most people aren’t chasing higher prices; instead, they’re waiting for a pullback.
My observation: if in the next 1–2 hours it can’t reclaim and hold above 0.25,
there may be a short-term retest of the 0.22–0.23 range.
$USELESS #巨量回调 #67%
Tap the small card below to quickly check the market trend👇
